Wealthfront Advisers LLC Has $3.70 Billion Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

Wealthfront Advisers LLC trimmed its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.7% in the first quarter, Holdings Channel.com reports. The firm owned 57,686,964 shares of the company’s stock after selling 998,618 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up 8.1% of Wealthfront Advisers LLC’s holdings, making the stock its 2nd largest holding. Wealthfront Advisers LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,696,581,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of VEA. Buck Wealth Strategies LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 16.3% in the 4th quarter. Buck Wealth Strategies LLC now owns 364,560 shares of the company’s stock valued at $22,774,000 after acquiring an additional 51,187 shares during the period. Chesley Taft & Associates LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 13.9% in the 4th quarter. Chesley Taft & Associates LLC now owns 331,150 shares of the company’s stock valued at $20,687,000 after purchasing an additional 40,482 shares during the period. Green Ridge Wealth Planning LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at $15,031,000. Root Financial Partners LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 27.1% in the 4th quarter. Root Financial Partners LLC now owns 97,303 shares of the company’s stock valued at $6,079,000 after buying an additional 20,769 shares in the last quarter. Finally, Verus Advisory Inc. bought a new position in Vanguard FTSE Developed Markets ETF during the 4th quarter worth $9,561,000.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA:VEA opened at $70.82 on Thursday. Vanguard FTSE Developed Markets ETF has a 52 week low of $55.68 and a 52 week high of $73.23. The firm’s 50-day simple moving average is $70.85 and its 200 day simple moving average is $67.89. The firm has a market cap of $229.45 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83.

Vanguard FTSE Developed Markets ETF Company Profile

The Vanguard Developed Markets Index Fund (VEA) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap weighted index of large-, mid- and small-cap stocks from developed markets outside the US. VEA was launched on Jul 20, 2007 and is managed by Vanguard.